Recession Looms

I don’t think this article sent in by Steve (thanks!) explains enough, but it does explain a few things: Layoffs Starting to Spread As US Recession Looms

Here’s my take — we’re headed for a full blown Depression. Everyone is bandying about the word “recession”, when it’s clear we’ve been in a recession for a long time.

The recent financial bailout fiasco was unprecedented on a global scale, I think every country in the world has been affected. That alone should qualify this ‘crisis’ as the harbinger of a depression.

But the article above shows something else. All of these ‘corporate jobs’ are the result of private industry being swallowed up by corporate industry, and when corporate is affected, it wipes out millions of Americans in an instant. If these jobs were held by small companies, the impact would be less because it would be much more spread out among many different businesses, who may be able to turn to other sources of production and / or revenue streams.

That’s what I do. When sales are off, I just go do something else. I’m not beholden to a corporation to send me a paycheck or have to stand in line at a welfare office, I simply switch gears and go do something else.

This is one more arguement of why I do not believe in the corporate kleptocracy, they’re robbing Americans blind and we’re paying them for the privilege. We line up at the queue as if we “need” them, when just the opposite is true. It is the corporate world that needs us, the workers and employees to do their bidding, but it is not a fair exchange, not at all.

Look at the gigantic bonuses that were shelled out for those failed corporations. These execs continued to slap each other on the back while they stoled billions of dollars from their companies and shareholders. The workers were laid off!

This is quite frankly, an intolerable situation. The answer to this is to abandon the corporate mindset and return back to a smaller world (which it really is anyway). The corporations have taken over and they have become the supranationals of cult movies of doomsday horror that consume everything, controlling everything, dictating who lives (eats) and who dies (is abandoned).

For whatever it might be worth (probably nothing), I spent years in the corporate environment, taking my bread and butter from them just like millions of others. But I quickly learned that I was unimportant in the greater scheme of things. My ideas were either stolen from me or were rejected, only later to resurface as someone else’s more favored. My employment was a nightmare to be quite honest, I hated every minute of it. A cubicle existence for a heartless, faceless and irresponsible corporation that simply doesn’t give a shit about you the individual is a miserable way to “make a living”.

Working for one of these monstrosities means you must set aside your ethics, morals, emotions and even the ability to think clearly and with clarity. You must do what you are told, when you are told and where you are told. You’ve exchanged “self” and your personal identity for “sustenance” and a name tag by whoring out your time, ability and skills to the current bidder that owns your contract (life).

Frankly, it sucks. It took me a long time to gain the courage to just quit, launching off into the empty nothingness of having to be responsible for my own bread and butter (employment). But once I did, I never went back. Nor could I, my viewpoints on what corporations really are is quite dismal (sucking leeches, killing the planet and choking the life out of everything while demanding a receiving special privilege and protection).

So when I read stats that show just how “bad” these corporations are “suffering” as they continue to rape the planet and the people, I’m not sad, not at all. Let them die a well-deserved death, we’d all be better off in the long run.

I do feel for the employees stuck in those positions and laboring for these heartless and soulless firms, but you do have a choice. LEAVE and get a real life. It is not without serious risk, but it is something you don’t have now — your own life. By working for a corporation or any big employer, you are enslaving yourself to their ball and chain, they literally own you and are quick to remind you of that fact, oftentimes for ridiculous reasons.

Ok, that’s more then you probably got from the article above, so I’ll stop here.


admin at survivalacres dot com

7 thoughts on “Recession Looms

  • October 18, 2008 at 12:05 pm

    For FKN fans

    For only about the 2nd time in 5 years (TMK), Deek (may peace be upon him) does NOT have a new FKN Newz show this week.
    He does have a valid ‘excuse’ IMO. He and his Circus went to Paris for a week of Really BIG Showwww (by invitation). And a great time was had by all. Bravo. And a well earned escape from studio-stan. Here’s hoping that Scotland Yard allows him go home (back in).

    Anyway, so instead he posted two classics from several years back on YouTube. IMO, these are just as ‘funny’, pertinent, insightful, provocative today -if not more so.


    damn, I wish he’d post the scripts as text somewhere.

    I don’t know ’bout the rest of you, but If I don’t laugh (note: with increasing frequency and ferocity)at sheer infinite human folly, arrogance, insanity, and mass militant ignorance then I’d check out of this Ha Ha Hotel.

  • October 19, 2008 at 10:25 am

    Just heard on CNN (Fareed Zakaria, GPS, 10/19/08)

    “Home equity market? DEAD!
    “Credit Cards? Soon DEADI”

    “They (CC Co’s] are cutting people off right now and raising rates to 35 or 40 percent as a effort to get some pay to pay down their balances,”

    Who among us is ready to conduct all future commerce without their credit cards (or income derived from other sheeple’s credit card charges) ?

    Not very many from what I can tell.

  • October 19, 2008 at 10:28 am

    BTW, the above quotes were from Paul Krugman who was awarded the 2008 Noble Prize in Economics last week

  • October 19, 2008 at 10:31 am

    35% percent? Good grief. I knew there were rapists in our midst.

    These scum can probably get away with it too.

  • October 20, 2008 at 10:01 am

    a little excursion into Excel gives:

    35% api is 3.4705875% per month compounded monthly for 12 months.
    On (each) $1000 balance, one would pay $509.39 annual interest charges and reduce the principle by a mere $53.98
    – without late-fees or any other charges – if one was not also paying down on the principle.

    I’ve read recently where the average (mean) AmeriCONNEDsumer is carrying a credit card balance of in the neighborhood of $8,000.

    That would make annual interest only payments of around $4,100 per year each. Times approx. 120 million households or 200 million card holders (guesses) is $820 BILLION/year – every year. Now you know why those unsolicited credit card applications in every batch of snail-mail.

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